Press release
Printing Inks Market to Witness a 5.93 percentage CAGR, Reaching USD 34.10 Bn by 2030
The ๐๐ซ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ was valued at US$ 22.79 Bn in 2023 and is expected to reach US$ 34.10 Bn by 2030, at a CAGR of 5.93% during a forecast period.๐๐ซ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The global printing inks market has witnessed significant shifts due to the rise in packaging demand, as well as the growing popularity of digital printing methods. With an increase in the use of printed materials in packaging, such as labels, flexible packaging, and metal cans, the packaging segment is expected to drive the market's growth. Additionally, technological advancements in digital printing, particularly in water-based inks, are contributing to this upward trend. The market is poised for robust expansion, driven by the growing emphasis on sustainability and eco-friendly ink options, which are rapidly replacing solvent-based products. Despite these positive drivers, the market faces challenges due to the rising shift towards digital and online publishing, potentially affecting traditional printing demands in the coming years.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/28849/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ:
The increasing demand for printed materials in packaging applications is one of the primary drivers of growth in the global printing inks market. With the expansion of the food and beverage industry, pre-packaged food items, metal cans, and cartons have seen a significant rise in demand, fueling the need for high-quality printing inks. This growth in the packaging sector is not only driven by consumer preferences but also by the increased focus on eco-friendly materials, leading to the growth of water-based and other sustainable ink types. Furthermore, the shift towards more personalized and targeted printing, coupled with advancements in printing technologies such as digital printing, is driving innovation and fostering market expansion.
๐๐ซ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
A prominent trend in the printing inks market is the growing consumer preference for eco-friendly products. With sustainability becoming a key concern across industries, water-based inks are gaining traction due to their low environmental impact compared to traditional solvent-based inks. This shift towards eco-friendly products is being driven not only by consumer awareness but also by stricter government regulations on volatile organic compounds (VOCs) and other harmful chemicals. Manufacturers are increasingly adopting sustainable ink formulations, focusing on reducing the carbon footprint and enhancing recyclability, which is boosting the market's growth trajectory.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ :https://www.maximizemarketresearch.com/inquiry-before-buying/28849/
๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ
๐๐ข๐๐ญ๐ง๐๐ฆ & ๐๐ก๐๐ข๐ฅ๐๐ง๐
In Southeast Asia, companies like ๐๐ข๐๐ฆ ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ ๐๐จ. ๐๐ญ๐., based in Thailand, are leading market expansion by acquiring smaller regional players to bolster their product offerings. The recent acquisition of ๐๐ข๐๐ญ๐ง๐๐ฆ-๐๐๐ฌ๐๐ ๐๐๐ญ๐ซ๐จ๐๐ข๐๐ญ๐ง๐๐ฆ by ๐๐ข๐๐ฆ ๐๐ก๐๐ฆ๐ข๐๐๐ฅ๐ฌ has strengthened their position in the growing Southeast Asian market.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
In Singapore, ๐ ๐ฎ๐ฃ๐ข๐ ๐ข๐ฅ๐ฆ ๐๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง has expanded its footprint in the printing inks market through the acquisition of ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐-๐๐๐ฌ๐๐ ๐๐ง๐ค๐๐๐ญ ๐๐ซ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ, enhancing its product capabilities and broadening its distribution networks.
๐๐๐ฉ๐๐ง
Japan remains a significant hub for printing ink manufacturers. ๐๐๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง, a global leader in printing inks, has successfully acquired ๐๐ฎ๐ง ๐๐ก๐๐ฆ๐ข๐๐๐ฅ (a subsidiary of Japan-based DIC) to enhance its global presence and integrate innovative ink solutions into its portfolio. This acquisition is set to drive further growth, especially in packaging inks.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South ๐๐จ๐ซ๐๐'๐ฌ ๐๐จ๐ซ๐๐ ๐๐ง๐ค ๐๐จ. ๐๐ญ๐. has recently merged with ๐๐ก๐จ๐ฌ๐ฎ๐ง ๐๐ง๐ค ๐๐จ. ๐๐ญ๐., resulting in a stronger market share within Asia. The merger provides greater capacity for research and development (R&D) and helps them respond more effectively to the growing demand for eco-friendly ink formulations.
๐๐ฎ๐ซ๐จ๐ฉ๐
In Europe, ๐๐ข๐๐ ๐ฐ๐๐ซ๐ค ๐๐ซ๐ฎ๐๐ค๐๐๐ซ๐๐๐ง ๐๐ & ๐๐จ. KGaA (Germany) recently acquired ๐ ๐ซ๐๐ง๐ค๐ฅ๐ข๐ง ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ (France), a move that has positioned them as a leader in eco-friendly ink production. This acquisition is expected to create synergies in production and broaden the company's global reach.
๐๐๐
In the United States, ๐๐จ๐๐๐ค, a major player in the global printing ink market, has expanded its influence by acquiring ๐๐ข๐ฏ๐ข๐ ๐๐จ๐ฅ๐จ๐ซ๐ฌ, a leading supplier of high-performance printing inks. This acquisition is expected to bolster Kodak's presence in the North American market and enhance its technological edge in printing innovations.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ
๐๐๐จ-๐๐ซ๐ข๐๐ง๐๐ฅ๐ฒ ๐๐ง๐ค ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ
Key players are increasingly focusing on sustainability. Companies like ๐๐ฎ๐ง ๐๐ก๐๐ฆ๐ข๐๐๐ฅ and ๐๐๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง are leading the charge with their eco-friendly, water-based inks, catering to the growing demand for environmentally responsible solutions.
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ
The ๐ฉ๐ซ๐ข๐ง๐ญ๐ข๐ง๐ ๐ข๐ง๐ค๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ is seeing significant technological advancements, including the development of UV-curable inks and digital printing inks. ๐๐ ๐๐ง๐. and ๐๐ฉ๐ฌ๐จ๐ง ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง are among the leaders implementing these innovations.
๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง๐ญ๐จ ๐๐ฆ๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ๐ฌ
Companies like ๐ ๐ฅ๐ข๐ง๐ญ ๐๐ซ๐จ๐ฎ๐ฉ and ๐๐ข๐๐ ๐ฐ๐๐ซ๐ค are heavily investing in emerging markets such as Africa and Latin America, aiming to capitalize on the growing demand for packaging and publishing inks.
๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง
Personalization and customization trends in packaging and branding are driving the development of specialty inks. ๐๐จ๐ฒ๐จ ๐๐ง๐ค and ๐๐ ๐๐จ๐ง๐ง๐๐ฅ๐ฅ๐๐ฒ are at the forefront of providing tailored ink solutions for specific applications.
๐๐ง๐๐ซ๐๐๐ฌ๐๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐๐๐ค๐๐ ๐ข๐ง๐
The demand for eco-friendly and sustainable packaging has driven the growth of biodegradable inks. Companies such as ๐๐ฎ๐๐๐ซ๐ ๐ซ๐จ๐ฎ๐ฉ and ๐๐๐ฅ๐ฅ๐๐ซ+๐๐ฆ๐๐ฅ๐ข๐ง ๐๐ฆ๐๐ have introduced lines of bio-based and renewable resource-based inks to meet this growing demand.
๐๐จ๐ฅ๐ฅ๐๐๐จ๐ซ๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ ๐๐จ๐ข๐ง๐ญ ๐๐๐ง๐ญ๐ฎ๐ซ๐๐ฌ
Strategic partnerships are becoming a common strategy for industry growth. ๐๐๐๐ ๐๐ and ๐๐ข๐๐ ๐ฐ๐๐ซ๐ค ๐๐ซ๐ฎ๐๐ค๐๐๐ซ๐๐๐ง ๐๐ recently announced a joint venture focused on developing advanced ink technologies for the flexible packaging sector.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.maximizemarketresearch.com/request-sample/28849/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ซ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ:
by Product Type
Solvent-based Printing Inks
Water-based Printing Inks
Oil-based Printing Inks
Others
by Process
Lithographic Printing
Gravure Printing
Flexographic Printing
Digital Printing
Others
by Resin Type
Modified Rosin
Modified Cellulose
Acrylic & Polyurethane
Others
by Application
Packaging
Publication
Commercial Printing
Others
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ซ๐ข๐ง๐ญ๐ข๐ง๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. Flint Group
2. Siegwerk Druckfarben AG & Co. KGaA
3. DIC Corporation
4. hubergroup Deutschland GmbH
5. Toyo Ink SC Holdings Co., Ltd.
6. Sakata INX Corporation
7. ALTANA AG
8. Wikoff Color Corporation
9. T&K Toka Co., Ltd
10. Zeller+Gmelin GmbH & Co. KG.
11. Sun Chemical Corporation
12. Fujifilm UK Ltd.
13. Royal Dutch Printing Ink Factories Van Son
14. ALTANA
15. TOKIYO PRINTING INK MFG Co., LTD.
16. Dainichiseika Color & Chemicals mfg. Co., Ltd.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.maximizemarketresearch.com/market-report/global-printing-inks-market/28849/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Printing Inks Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Printing Inks Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก :
โฆ global Seeds Market https://www.maximizemarketresearch.com/market-report/global-seeds-market/111623/
โฆ Hydraulic Cylinder Market https://www.maximizemarketresearch.com/market-report/global-hydraulic-cylinder-market/3211/
โฆ India Crop Protection Chemicals Market https://www.maximizemarketresearch.com/market-report/india-crop-protection-chemicals-market/43304/
โฆ Global Automotive Instrument Cluster Market https://www.maximizemarketresearch.com/market-report/global-automotive-instrument-cluster-market/57201/
โฆ Business Travel Market https://www.maximizemarketresearch.com/market-report/business-travel-market/190551/
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